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Apple Today - 08/04/2015 (AAPL)

seymour_greenz • August 4th 2015 09:17:03 AM

Good Morning,

NASDAQ Futures are down 4 with -2 Fair Value, Dow Futures are up 13. Futures started out flat to green last night and became red in the morning. China stocks rallied today, Shanghai up 3.7% and Shenzhen up 4.8%. On the other hand, Greece markets sold off again today in the 2nd day of being reopened. Earnings will continue to pour in after the bell with Dreamworks Animation (DWA), Etsy (ETSY), News Corp (NWS) and Walt Disney (DIS).

Yesterday, after a relatively uneventful open in the mid 121 area, AAPL briefly spiked up to 122.45 at 9:44am. This was followed by a crushing selloff that lasted into the afternoon with a staggering low of 117.61 at 1:20pm, approaching a 3% drop. Later in the afternoon between 2pm and 3pm, AAPL attempted to bounce into the upper 118 area but seemingly ran out of steam past 3pm, slipping back down to lower ground. AAPL closed the regular session out at 118.44, down nearly 2.5%. After-hours was no less kind as AAPL continued its descent below the intra-day lows to 117.55 at 5:42pm. AAPL closed after-hours out at 117.76.

This morning in pre-market, AAPL opened relatively flat near the low 118s and then saw a brief dip to 117.44 at 4:08am on relatively high volume. Thereafter, AAPL appeared to cling back to 118 but has since dropped to 117.26 at 7:50am and again to 117.25 at 8:52am, another low. AAPL is currently down 58 cents to 117.86.

Classic max-pain is 123, same as yesterday.


Futures down:
http://www.reuters.com/article/2015/08/04/us-markets-stocks-idUSKCN0Q916Y20150804

2nd day of selling in Greece:
http://www.reuters.com/article/2015/08/04/us-eurozone-greece-stockmarket-idUSKCN0Q90NU20150804

Freddie Mac $4.2B Profit in 2Q:
http://www.nytimes.com/aponline/2015/08/04/business/ap-us-earns-freddie-mac-.html?_r=0

Apple could become a wireless carrier:
http://www.ibtimes.com/apple-inc-aapl-could-become-its-own-wireless-carrier-running-existing-mobile-networks-2036619

The key thing with Apple Watch:
http://www.bidnessetc.com/49266-apple-inc-watch-doubles-as-door-key-with-august-smart-lock-app/

Mac vulnerability:
http://www.independent.co.uk/life-style/gadgets-and-tech/news/apple-bug-thunderstrike-2-leaves-macs-vulnerable-to-worm-could-give-hackers-control-of-computers-and-go-entirely-undetected-10437275.html

Siri has a "voicemail":
http://www.theinquirer.net/inquirer/news/2420531/apple-is-planning-to-launch-a-kind-of-voicemail-that-uses-siri

Windows 10 tips and tricks:
http://www.pcworld.com/article/2955711/windows/12-obscure-new-windows-10-features-that-eliminate-everyday-hassles.html

Google's new auto company name not going to win any awards for creativity:
http://www.business-standard.com/article/news-cd/google-announces-the-name-of-its-self-driving-car-company-115080401205_1.html

That's a lot to watch:
http://www.pcmag.com/article2/0,2817,2489001,00.asp

Fully loaded bumble bees ahead:
http://news.discovery.com/animals/insects/pollen-turns-bumble-bees-into-jumbo-jets-150804.htm

"Nearby" planet similar to Earth, only 21 light years away:
http://economictimes.indiatimes.com/news/science/closest-ever-rocky-transiting-planet-to-earth-discovered/articleshow/48344702.cms


Today's economic calendar:
8:30 Gallup US ECI
8:55 Redbook Chain Store Sales
10:00 Factory Orders


Notable earnings after today's close: ACHC, ATVI, MDRX, RATE, CZR, CBPX, DVA, DVN, DWA, ETSY, KODK, FSLR, GARS, GNW, GAIN, GLUU, GDOT, JCOM, LF, PBPB, NWS, SBRA, SLRC, SUNS, SMCI, DIS, Z

And tomorrow before the open: AMSC, ARIA, CHK, DISH, D, KATE, LMCA, LL, MSO, MSI, PCLN, RL, SALE, SODA, TWX, VSI, VOYA, WIX

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